A price prediction
Predicted price range for Agilent Technologies Our trading algorithm values Agilent Technologies (A) to be fairly valued. ###PLOTLYGRAPH### The red …
Read ArticlePredicted price range for JP Morgan Chase & Company
Our trading algorithm values JP Morgan Chase & Company (JPM) to be strongly overvalued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | strongly overvalued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Strong Sell |
| Current Price | $109.37 |
| 60 Day Prediction | $79.05 |
| 60 Day Pred - Lower Bound | $72.53 |
| 60 Day Pred - Upper Bound | $85.45 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -0.056 * nr_days_in_the_future + 80.733
Based on this information, our algorithm recommends the trading decision: Strong Sell. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
JPM traded at $109.37 this Friday October 14th, gaining since last week.
Looking back, over the last month, JPM has been loosing $-6.46 or -5.906554742840163 percent.
Over the last year, it has been loosing $-61.47 or -56.20370489862644 percent.
Seasonality of JP Morgan Chase & Company
Using our AI model, we have been analyzing the value change for JP Morgan Chase & Company depending on the day or month of a year. This can be seen in the following graph:
